Social Entrepreneurship
FINANCE
TOOLS AND SUPPORT IN EUROPE
1
5
Social entrepreneurs play an active role on inclusive growth, economic change and social transformations on account of their dimension, objectives and benefits that aim to positively impact on people’s quality of life. Social entrepreneurship is a value in itself.
Social entrepreneurship needs to go hand in hand with collaborative and transparent work that promotes experience and talent without losing its reproducibility and its ability to work in multiple scales: from a local level to an international level of the activity.
6
2
Institutions have a key role as the ones responsible for setting up stable regulatory frameworks. Entrepreneurship law must integrate social entrepreneurs and include incentives for investment, especially among young people. Local, regional, state and supranational institutions have the obligation to develop public policies that benefit this new way of producing goods and services. Connection, coordination and responsibility among other characteristics are required.
We have the obligation to accurately define what is understood by social entrepreneurship and especially, for social benefit. It is necessary to revise the welfare and wealth indicators— currently merged with traditional economic behaviours, as the best way of making new values, necessities and behaviours visible.
3 Additionally, for the results to be effective and efficient, it is necessary to connect social entrepreneurship with the area of work, both for identifying potentialities and problems and for its importance in the stimulation of own processes of local development. Social entrepreneurship and local development must advance together.
7 Collaborative efforts from politic institutions are essential to avoid disagreements between dynamic approaches on a supranational level (as it is the case with the EU) and domestic policies, which sometimes ignore or reject this process. The role of the European Commission is decisive when forging links between the different scales of public institutions.
4 Social entrepreneurship has to be associated with a professional, innovative consultant with a business project that has entered the market. However, it is not a usual entrepreneur. The obtained benefits have to be reinvested mainly in initiatives which have an impact on society. Its objective must be to keep creating jobs, social welfare and sustainable entrepreneurship.
page
36